University District Homes with 54 - 4-Plex Style

University District Homes with 54 - 4-Plex Style

Welcome to the vibrant University District, a dynamic neighborhood in Seattle, Washington, where education meets eclectic living! Nestled just north of downtown Seattle, the University District is home to the prestigious University of Washington, creating a lively atmosphere filled with students, faculty, and families. This area is renowned for its diverse culture, featuring an array of cafes, shops, and entertainment options that cater to every taste.

The University District boasts a unique blend of historic charm and modern convenience, making it an attractive place to call home. Among the residential options, the 4-plex style homes stand out as an ideal choice for those seeking both space and community. These multi-family residences offer a perfect balance of privacy and social interaction, making them particularly appealing for investors or families looking to share their living space while maintaining their independence.

Living in a 4-plex in the University District means you’re just a stone’s throw away from lush parks, vibrant farmers' markets, and an array of cultural events. Explore the iconic University Village for shopping, or indulge in the local cuisine at one of the many eateries lining the streets. With excellent public transportation options, commuting to downtown Seattle or other neighborhoods is a breeze.

Whether you’re a student, a young professional, or a family, the University District offers a unique lifestyle enriched by education and community spirit. Discover your next home in this thriving neighborhood, and experience all that the University District has to offer!

Newest University District Homes with 54 - 4-Plex Style

$995,000
2567345 MLS ⋅ ACTIVE Status
With an ideal location just steps from the University of Washington, the property is situated on a 2,500-square-foot parcel with Mid-Rise (MR M1) zoning. As a result, investors have a rare opportunity to acquire an exceptionally well-positioned multifamily asset in one of Seattle’s most desirable and supply-constrained rental markets. The property features a diverse unit mix consisting of studio and two-bedroom residences averaging 518 square feet, appealing to a broad tenant base. A prime location within walking distance of UW provides a consistent demand driver and strong long-term rental fundamentals. Significant capital improvements have already been completed, including a roof replacement within the last four years, upgraded Square D electrical panels, and full copper plumbing, helping reduce near-term capital expenditure requirements for a new owner. Further enhancing the investment appeal, the property boasts a Walk Score of 93 (“Walker’s Paradise”), an 83 Bike Score, and an 82 Transit Score, offering exceptional connectivity throughout Seattle. Investors also have the unique opportunity to acquire an additional fourplex located directly across the street at 710 NE 43rd Street, creating an immediate avenue for portfolio expansion & operational efficiencies within the same submarket.

709 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

$1,200,000
2567359 MLS ⋅ ACTIVE Status
Just steps from the University of Washington. Situated on 5,000 square foot parcel zoned Mid Rise (MR M1), the property features a diverse unit mix of one and two-bedroom residences averaging 473 square feet, providing broad appeal to workforce renters. The property benefits from an excellent location within walking distance of the University of Washington, placing residents near a wide array of academic facilities, rental destinations, dining options & major transportation corridors. The asset offers 6 off street parking spaces, a valuable amenity in this highly urbanized and supply concentrated neighborhood. Positioned in one of Seattle’s most walkable communities, the property boasts a Walk Score of 93, a Bike Score of 83, a Transit Score of 82. The strong mobility metrics enhance the tenant demand and support of long term occupancy stability. Adding to the investment appeal, an additional fourplex located directly across the street is also available for purchase, presenting investors with a unique opportunity to achieve immediate scale and operational efficiencies within the same submarket. Combining a desirable unit mix, favorable zoning, excellent accessibility, and potential for portfolio expansion, this offering represents an attractive opportunity in one of Seattle’s most dynamic rental markets.

710 NE 43rd Street, Seattle

Listing courtesy of John L. Scott, Inc.

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